Intevac announces 5.2c per share special cash dividend
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 14 2025
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Special Cash Dividend Announcement: Intevac will pay a one-time special cash dividend of 5.2 cents per share on March 28 to stockholders recorded by March 24, in connection with its acquisition by Seagate.
Tender Offer Details: Seagate has initiated a tender offer to acquire Intevac's common stock at $4.00 per share, expiring on March 28, and Intevac's board recommends that shareholders tender their shares without affecting their right to the dividend.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
